---
type: source
title: "Futardio: Let's get Futarded."
author: "futard.io"
url: "https://www.futard.io/proposal/6c1dnggYNpEZvz4fedJ19LAo8Pz2mTTvT6LxySYhpLbA"
date: 2025-10-15
domain: internet-finance
format: data
status: enrichment
tags: [futardio, metadao, futarchy, solana, governance]
event_type: proposal
processed_by: rio
processed_date: 2026-03-15
enrichments_applied: ["futarchy-daos-require-mintable-governance-tokens-because-fixed-supply-treasuries-exhaust-without-issuance-authority-forcing-disruptive-token-architecture-migrations.md", "amm-futarchy-bootstraps-liquidity-through-high-fee-incentives-and-required-proposer-initial-liquidity-creating-self-reinforcing-depth.md", "metadao-autocrat-v01-reduces-proposal-duration-to-three-days-enabling-faster-governance-iteration.md"]
extraction_model: "anthropic/claude-sonnet-4.5"
claims_extracted:
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- "futarchy-governed permissionless launches require brand separation to manage reputational liability because failed projects on a curated platform damage the platforms credibility"
- "futardio-platform-shows-bimodal-launch-distribution-where-most-projects-refund-but-viral-community-resonant-projects-raise-100x-targets"
- "seyf-demonstrates-intent-based-wallet-architecture-where-natural-language-replaces-manual-defi-navigation"
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- "house-mode-betting-against-protocol-enables-prediction-markets-to-function-with-uneven-liquidity-by-having-the-platform-take-counterparty-risk"
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- "permissionless launch platforms generate high failure rates that function as market-based quality filters because only projects attracting genuine capital survive while failed attempts carry zero reputational cost to the platform"
---

## Proposal Details
- Project: coal
- Proposal: Let's get Futarded.
- Status: Passed
- Created: 2025-10-15
- URL: https://www.futard.io/proposal/6c1dnggYNpEZvz4fedJ19LAo8Pz2mTTvT6LxySYhpLbA
- Description: $coal is the only futarchy memecoin and, post-Ore transition, the only PoW coin on Solana. If you haven't seen us, check out https://minechain.gg/. 

Let's get Futarded.
- Discussion: https://discord.com/channels/1003424756080590878/1428068344959078470

## Summary

### 🎯 Key Points
The proposal aims to onboard $META holders through a one-time airdrop of 420 $coal, increase the total supply of $coal to 25,000,000 to fund a development initiative, and establish a transparent Development Fund for ongoing community and protocol growth.

### 📊 Impact Analysis
#### 👥 Stakeholder Impact
Eligible $META holders will receive an airdrop, while the broader community benefits from a dedicated fund for development and marketing initiatives.

#### 📈 Upside Potential
The proposal could enhance liquidity and support sustainable growth of the $coal ecosystem through increased funding and community involvement.

#### 📉 Risk Factors
There is a risk of inflation in the $coal supply that could affect its value if not managed properly, alongside potential governance challenges in fund disbursement.

## Content

This proposal does 3 things:
1/ Onboard META holders: One-time airdrop of 420 $coal to every $META holder (snapshot taken on October 12, 2025).
2/ Expand Supply for Growth: One-time mint to enable the airdrop, seed a dev fund, and provide initial liquidity.
3/ Establish a Development Fund: Transparent treasury for ongoing development, community initiatives, and integrations.

Airdrop

Eligibility: All $META holders at snapshot (2,314 wallets) holding at least $100 worth of $META (notional value).
Amount: 420 $coal per eligible wallet.
Distribution: Direct airdrop to wallets holding $META at snapshot.

Supply Update

Total supply: 21,000,000 → 25,000,000 $coal (one-time increase of 4,000,000). Breakdown of new $coal: 
- 971,880 → Airdrop (420 * 2,314 holders)
- 3,028,120 → Development Fund
Mining emissions: Unchanged by this proposal.

Development Fund

Purpose:
- Support protocol development and futarchy experiments
- Reward community contributions, tooling, and integrations
- Fund marketing, onboarding, and liquidity seeding
- Maintain sustainable runway for growth

Guardrails:
- Manager: DAO treasury
- Disbursements: up to 30,000 $coal per month, to Grant (lead dev)
- Transparency: Public ledger of inflows/outflows, monthly forum report, verified addresses
- Large grants: Any single use of DAO treasury funds, dispersed or not, over 69,000 $coal requires a separate decision market

Liquidity Kickstart
-An OTC buyer is lined up to purchase a portion of the Dev Fund; proceeds will seed the futarchy AMM and bootstrap $coal liquidity.

**Moving into v.06 DAO governance**

$coal is a real boy now! We will be migrating to a v.06 DAO. This means we will have a DAO treasury, a futarchy AMM, and all the tools to bring minechain to the masses, sustainably. The following parameters will be set for new proposals:
- TWAP delay: 1 day
- Minimum liquidity: 1500 USDC, 2000 coal
- Pass threshold: 100 bps
- Coal staked: 10,000
- Proposal length: 3 days

Voting

- YES: Approve snapshot airdrop (420 $coal per $META holder), raise max supply to 25,000,000, and establish the Development Fund with the framework above.
- NO: Keep current supply; no airdrop, no fund, no liquidity seeding.

## Raw Data

- Proposal account: `6c1dnggYNpEZvz4fedJ19LAo8Pz2mTTvT6LxySYhpLbA`
- Proposal number: 3
- DAO account: `3LGGRzLrgwhEbEsNYBSTZc5MLve1bw3nDaHzzfJMQ1PG`
- Proposer: `HAymbnVo1w5sC7hz8E6sdmzSuDpqUwKXWzBeshEAb7WC`
- Autocrat version: 0.3
- Completed: 2025-10-18
- Ended: 2025-10-18


## Key Facts
- Coal DAO proposal 3 passed on October 18, 2025
- Coal airdropped 420 tokens to each of 2,314 META holders
- Coal total supply increased from 21,000,000 to 25,000,000 tokens
- Coal development fund received 3,028,120 tokens
- Coal v0.6 governance requires 10,000 COAL staked to create proposals
- Coal v0.6 pass threshold is 100 basis points
- Coal DAO account: 3LGGRzLrgwhEbEsNYBSTZc5MLve1bw3nDaHzzfJMQ1PG
- Coal proposal account: 6c1dnggYNpEZvz4fedJ19LAo8Pz2mTTvT6LxySYhpLbA
